SEMR News

Between poor returns and the normal February lull, the IPO pipeline has been relatively quiet. This week, a digital advertising firm broke the silence with the month’s first US IPO filing. Dubai-based Aleph Group (ALEF) filed on Monday for a deal we estimate could raise up to $300 million, the first issuer to file for a $100+ million US IPO in several...read more

In a turbulent week for the IPO market, 17 IPOs and 20 SPACs went public, and one company postponed, defense contractor Leonardo DRS (DRS). While returns cooled off, with just over half of the week’s IPOs finishing below issue, there were a few bright spots, led by biotechs Design Therapeutics (DSGN) and Ikena Oncology...read more

SEMrush Holdings, which provides a SaaS platform for managing digital marketing, raised $140 million by offering 10 million shares at $14, the low end of the range of $14 to $16. The offering contained 6.8 million fewer shares than anticipated. SEMrush states that it is a leading online visibility management software-as-a-service platform, enabling companies to identify and...read more

Updated Monday, 3/22. 15 IPOs are currently scheduled to raise $5.7 billion in the week ahead as IPO activity continues to pick up. The diverse group spans six sectors and includes cleaning products, defense technology, low-cost TVs, crafting machines, and more. Cleaning products maker Diversey Holdings (DSEY) plans to raise $900 million at a $5...read more